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EU Privacy Watchdog the EDPS Takes Aim at ‘Excessive Centralization’ of Digital Euro CBDC

“A high standard of privacy and data protection is instrumental in gaining citizens’ trust in this new digital currency,” the European Data Protection Board’s Deputy Chair Irene Loizidou Nicolaidou said in a statement, saying she wanted to “ensure that data protection is embedded early on in the design phase of

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Former Top FTX Executive Nishad Singh Takes Stand in Case Against Sam Bankman-Fried

Former FTX Head of Engineering Nishad Singh said he "learned of a hole" in FTX's finances in September 2022, two months before the exchange filed for bankruptcy. Though he noticed around $8 billion missing from Sam Bankman-Fried's company, he nevertheless "green lit" transactions, which he "implicitly" knew had to have

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Latin America takes global lead in preference for centralized exchanges: Report

According to a recent report from blockchain analytics firm Chainalysis, Latin America has a distinct inclination toward centralized exchanges when compared to the rest of the world, as opposed to decentralized exchanges.Published on October 11, Chainalysis stated that Latin America has the seventh-largest crypto economy in the world, trailing closely behind

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Coinbase’s legal battle takes center stage in crypto chaos

Amid recent geopolitical events impacting investor decisions, a regulatory clash in the U.S. involving crypto exchange Coinbase and the Securities and Exchange Commission (SEC) resurfaces. Since June, Coinbase has been entangled in a legal battle with the SEC over allegations of operating as an unregistered exchange. While there are other ongoing

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